Would it be possible to pull the Bitcoin application out ...

Bitcoin Skeptic to Believer. Here's Why.

Bitcoin Skeptic to Believer. Here's Why.
Ghandi was once asked by a journalist how he was going to end British rule in India, to which he replied “I will end British rule in India”. The journalist somewhat confused asked again, “how?”. And once again Ghandi replied “I will end British rule in India”. Ghandi was said to be “surrounded by sublime coincidences” and believed by playing to the same beat of a drum, repeating, “I will end British rule in India”, it would become so.
Bitcoin also has its believers. Take a look at Jack Dorsey’s twitter bio.
For many years I was a skeptic of Bitcoin and cryptocurrency. Despite attending blockchain conferences and befriending leading blockchain developers all over the world, I struggled to see how an application for a complex and scarcily utilised technology would go mainstream, and thus ever have an impact.
That was until I came across these 2 graphs. They haunted me. And I continued to lay awake thinking about them. Rather fortuitiously through my work, I gained access to both quantitative and qualitative Gen-Z data. Their love of virtual worlds, digital coins, and native understanding of how algorithms work, and systems can be manipulated, convinced me that they will drive the digital revolution. They will be forced to.

https://preview.redd.it/ky9kpk31ruv51.jpg?width=679&format=pjpg&auto=webp&s=4e03b48312a6f2e3fc459e5e6effbc6d6bdc0175
https://preview.redd.it/0kkfpn31ruv51.png?width=1820&format=png&auto=webp&s=6b9b9fc31dda2b9154d75736c5dac5b5517288de
Once you take out the wealth generated from Millennial tech entrepreneurs (Zuckerberg et al), another percentage point can be taken off Millennial wealth. In other words Baby Boomers had circa 4 X the wealth at the same age as Millennials have today. Note the wealth curves are on vastly different trajectories.
Sure, these are US statistics, but given the US is *still* a major economic power with a large population, and influences global markets— it is a good starting point.
You may now be thinking “well the Boomers will eventually die and wealth will be transferred down”. Yes, but by when and to whom? Boomers are living longer, and without progessive wealth, estate or capital gains taxes, Boomer wealth will only be passed on to their middle-aged kids, and not redistributed back into society, further accentuating the wealth gap as a large portion of the population struggle away.
History says major wealth inequality is either reset by revolution or war. And when there is hunger and famine in a community or country, the odds of an “event”…? Guaranteed.
Will a parent threaten or kill to feed themeslves or offspring? Yes, they will.
There is an escoteric saying that has a universal truth to it;

“at first there are pebbles, then stones, ignore them at your peril for next they are followed by rocks, and avanlanches”.

Are we at pebbles, stones or rocks?
With concerning civil unrest bubbling up in the US driven by wealth inequality, and 1/5 households with children in the UK going hungry — two of the wealthiest countries on the planet. We are at rocks.
Saying The Establishment are “relectant” to address the rapidly growing wealth gap, is far too kind. They give Zero Fucks. It feels like we are not far off another “let them eat cake” moment.
When kids are forced to play parent. They do.
Speaking of pebbles, the Tulsa TikTok stunt, to the global embarrassment of Donald Trump could be a sign of things to come. This pending revolution is most likely to be played out in the lounge rooms and bedrooms, not the streets.
It will be a digital revolution led by Gen-Z and Gen-Y purchasing Bitcoin out of despair, that will eventually cause the current economic system to collapse.
Pebbles, Stones and Rocks may take years to bounce down the mountain, but Avalanches happen in a flash. Ignore Bitcoin at your peril.
Full Disclosure: Madge is the proud owner of 1 Bitcoin.
submitted by MadgeSpeaks to u/MadgeSpeaks [link] [comments]

Why ARAGON can become one of the main Ethereum-based projects.

1 INTRODUCTION
This section briefly introduces the foundations of Aragon and how it is fundamentally ran and operated.
1.0 What is Aragon?
The Aragon Network (AN) will be the first DAO whose goal is to act as a digital jurisdiction that makes it extremely easy and efficient for organizations, entrepreneurs and investors to operate. It can be argued that firms, companies and projects mostly exist in order to create value by using resources to create products or provide services. The obstacle in that pursuit is intermediaries and third parties such as governments decreasing the output of those operations by imposing restrictions and creating complex regulatory frameworks. Therefore, it can be analysed that Aragon can step in to disintermediate the creation and maintenance of companies and other organizational structures by laws that define user permissions, a governance system, a capital system, and an accounting system. Aragon provides limitless operation for businesses. It’s primary demographic is private companies, but additional support is built for NGOs, project management, charities, and even government organizations. In the future, most company activities can be structured on their network, such as meetings, conferences, tasks, notary services, bookkeeping, banking, etc. Not only does it provide a platform for efficient company management, communication and partnerships, it also minimizes costs related to most tasks required to run those operations.
1.1 Management
The strong foundations of Aragon are displayed throughout their work. Firstly, the efforts to provide investors the most transparent and constructive information is a sign of a well-managed company. Analysing the whitepaper, meeting plans, articles and development plan one can see, that not only does it present in-depth information and thoroughly analysed scenarios, it also outlines the potential issues and limitations that can occur in the future. This factor cannot be underestimated in today’s cryptocurrency/blockchain subculture, as most coins and projects are based around the strengths that developers and project leaders hype, instead of providing well-rounded information for investors to base their decisions on. This type of transparency and care legitimizes the project by a huge margin and indicates a very strong foundational management of the project.
1.1.1 Founders, Advisors and Contributors
The strength of Aragon management is further established with the strong developer duo and advisors. At the age of 17, Luis Cuende and Jorge Izquierdo prototyped a fully decentralized Internet replacement by using mesh networks, blockchain technology and protocols like Bluetooth LE and WiFi Direct. Furthermore, Stampery - Luis’ latest company—made blockchain timestamping accessible, and has worked with institutions like the Estonian government, Microsoft and Telefonica. Before building Aragon, Luis and Jorge were working in Silicon Valley. After figuring out how broken the underlying infrastructure of innovation is, they decided to focus all of their time in building the infrastructure that new companies and organizations will run on top of.
Luis Cuende - Project Lead
Luis has been awarded as the best underage European programmer in 2011, is a Forbes 30 Under 30, a MIT TR35 and was an Advisor to the VP of the European Commission. He cofounded the blockchain start-up Stampery. Prior to founding start-ups, he created the world's first Linux distribution with facelogin.
Jorge Izquierdo - Tech Lead
Curious hacker, creator of multiple apps for iOS, macOS and Pebble. Reached App Store's #2. Always tinkering with new tech. Already convinced about the decentralized future of the Internet, he has been building toy projects such as a mesh network or a small blockchain implementation since 2014.
Aragon also has a list of competent advisors assisting in the development or inspiration of Aragon Network and Aragon Core. The list includes, but is not limited to, people like Fred Ehrsam (Cofounder, Coinbase), Vitalik Buterin (Creator, Ethereum), Jan Isakovic (CEO, Cofound.it), Brayton Williams (Partner, Boost VC), Jean Amiouny (CEO, Shakepay), Jake Brukhman (Founder, CoinFund), Demian Brener (CEO, Zeppelin), and many more notable individuals. Furthered by the transparency, consistent progress and passion for the project, there is no question that the developers and advisors of the Aragon Network are capable and ambitious people willing to put everything on the line for Aragon to succeed.
1.2 Community
When it comes to the community surrounding Aragon, it is very pleasing to come across a mature and constructive bunch of people. The “lambo” and “moon” talk is held to a minimum and the overall tone of messages is informational, educating and constructive. In addition, Aragon is very involved in the community and makes sure to stay engaged by all means necessary in order to receive feedback and share progress (especially in the form of public community engaging developer meetings, etc.). Furthermore, community-requested enhancements and changes are constantly implemented (such as the ETC20 token, governance implementations, etc.). Overall, it can be stated that in addition to the already strong foundations of Aragon, the community is an extremely positive factor and incentivises both the community and developers to stay engaged and transparent, pushing the project forward in a mutually beneficial way (and not just for short-term investor gains).
1.3 ANT Tokens
The ANT token will be the native token for all of the network services that require a token, either for governance or other functionalities. For example in the case of the court, holders will be able to use their tokens to help arbitration and get a reward. Furthermore, when an organization needs investors or plans to do a fund-raiser, the invested tokens can also represent shares in the company on the Aragon Network. Once one invests and buys shares of an organization, they’ll be allocated appropriate voting rights and governance rules.
Another important thing to note regarding the token is that founders have a vesting period of 2 years, denying them the ability to just dump their coins whenever they please, making the ANT tokens healthier overall. Also, transparent distribution information is published and constantly updated – currently investors hold 70% of the tokens, 15% is held for contingency to overcome major hurdles, and 15% will remain in the hands of founders, advisors and early contributors. Aragon also has a set out plan for how the funds gathered during ICO are used, which in addition to providing additional transparency, also provides the investor a clear outline in what they are investing. Current fund allocation is the following - 5% legal, 12% marketing, 17% operations, and 66% development.
With the growth of Aragon, the ANT token will be an inseparable and most important part of the platform functions, allowing the token to have stable growth in the coming years in conjunction with Aragon’s success.
2 ANALYSIS
This section aims to analyse the key benefits presented by Aragon.
2.0 Transparency
Transparency is an instrumental factor for Aragon, as they put quite a lot of emphasis on running their business in a most „public“ way possible. With the overarching popularity of scams and sketchy ICOs, transparency and trust are the two elements lacking in the crypto atmosphere for the most part - but not with Aragon. Not only have they done multiple TV and other public media appearances, showing their faces and what they represent, you can also see the burning passion in their eyes every time they speak about what they are trying to achieve and solve. Further transparency is displayed by public Aragon developer meetings, which are either livestreamed or uploaded for everyone to see and participate in. This is the one and only project creating this sort of ultimate transparency and community involvement with their project, and is exactly what the crypto space needs more of. It can also be stated that this removes a lot of doubt and fear of Aragon being a hoax, as they have a lot on the line being as transparent about their identities and undertakings as they are.
2.1 Practicality and co-existance/partnership potential
Another fundamental strength is the compliance with Ethereum’s growth – every company that wants to move into the blockchain world through ethereum can be incentivized to run those particular activities (management wise) through the Aragon Network. The potential this holds is extremely big, as Ethereum has already been praised and popularized as the primary blockchain to run dApps and smart contracts on. Therefore, it makes sense for companies utilizing Ethereum blockchain to move organizational management of those operations over to Ethereum based Aragon Network, which can help make everything more efficient and effective. All in all, if someone is incentivized to use Ethereum, it is logical for them to also use the Aragon Network for efficiency. Furthermore, Aragon possesses strong links to established blockchain projects, as they can potentially run their operations through Aragon Network in the future to maximize efficiency.
Furthermore, Aragon supports the creation of own ERC20 token on the network, so any company or project can create its’ cryptocurrencies through Aragon while making the most of the platform for operations as well.
Additionally, Aragon has a strong links with Iconomi, which is prone to launch on August 1st as the cryptocurrency index platform. As the awareness of cryptocurrency and blockchain increases, mainstream investing will slowly move a percentage of their funds into cryptocurrencies as well, and this is exactly the aim of Iconomi – to create an ease of access for crypto index investing for mainstream investors. If Iconomi becomes the mainstream investment vehicle for cryptocurrencies and people will buy the ICNX fund, then Aragon token can see immense growth over the years to come (as Aragon is one of the few cryptocurrencies part of the ICNX index). Finally, co-efficient ecosystem can be created through the co-operation of blockchain projects, where each party benefits from one another. For instance, one such co-operation could be in the governance of organizations. If the applicant is not satisfied with the human judges’ resolution, they can request an upgrade to the next level, which is a prediction marketplace in which all the network judges can participate. For this, projects like Augur or Gnosis can bring immense co-operation use-cases. It is important to note that this is only one example, as various project links can be created in such a way that would benefit and grow the whole cryptocurrency/blockchain ecosystem/market.
2.2 Additional functionality
2.2.1 Start-ups and external funding
Further strength of Aragon lies in the external funding sector. With the increasing number of start-up projects and companies looking for external investments, importance lies in making funds easily accessible for future organizations. Furthermore, it can be argued that investing in start-ups is remarkably inaccessible to the public and mostly happens in a closed environment, making it harder for investors to invest and for companies to acquire funding when needed.
 Aragon Core organizations can issue shares directly to another party when the party sends the negotiated amount of currency.
 If an organization wants raise capital publicly, Aragon Core organizations can publish share offers in the marketplace.
Investors can then directly contact to negotiate or invest in a hard limit number of shares. This is especially true important for start-up organizations, as they need to be able to raise capital quickly. For a traditional start-up, this would mean riding the VC unicorn rollercoaster, crowd funding through a third party (e.g. Kickstarter), applying for a business loan, or bothering friends, relatives, and connections for investments. Aragon Core organizations can easily issue new shares in exchange for capital without operating with a third party, both through direct sales and public offerings. This means that investing will become much easier and accessible to both organizations and investors, helping aid the growth of companies in the marketplace and boost overall economy (as most hindered operations are due to lack of resources).
2.2.2 Modularity
Aragon developers have also taken in mind that different organizations might require additional functionalities for their organizational operations, meaning that there is further flexibility provided to meet most demands that might be presented. For this, modular software has been made accessible, allowing additional functions to be developed on top of Aragon Core in the instance where an organization might require features for very specific things relative to their industry/management/governance etc. While the Aragon Network has some basic constitution and governance methods, everyone will also be able to create another network inside the Aragon Network with a more specific set of laws. For example, you could create an organization, join the Aragon Network, and vote for a new set of laws specific to your organization. Effectively, organizations will be able to use the Aragon Network’s services basic constitution and services as a framework, and build a custom set of rules to govern relationships inside organizations. That type of flexibility, both through framework and modular functionality, allows Aragon to become the stepping stone of future organizations that wish to build their infrastructure on blockchain, making Aragon a power-player in the years to come.
2.2.3 Organizational Set-up
In addition to providing modular software for every company to create their own terms of organizational operation, Aragon has also taken into consideration and developed benefits based on the multiple needs of companies today. To provide those benefits, Aragon has built a product that functionality for the following areas:
Identity: A very first pillar of any organization before operation is their identity. Aragon enables any company to create, transfer or develop their identity by providing means for blockchain benefits.
Ownership: Shares are a way to reward founders, investors, advisors, partners and employees and can determine the ownership and direction of the company. Aragon has simplified this through providing semi-automation with the network and creating ease of access to funding, voting and overall governance.
Voting: The Company’s shareholders should be able to have a word over its actions. This is directly linked to ownership, as the platform accessibility and functionality will simplify the process by making it more efficient.
Capital: Since a venture can be risky and may need to acquire certain goods in order to operate or grow, capital in the form of investment/loans is needed. Through creating a platform for companies to acquire funding more easily and for investors to have access to investing, Aragon can solve a lot of problems of hindered development due to insufficient capital.
People: In the end, it's human beings who build the organizations. Aragon is working to create easy ways for organizations to on-board (identity) and reward (payroll) them.
Outreach: A company needs to target their audience in order for them to buy the company's product. For this, marketing efforts are a necessity and allocating budgets for that is inseparable, referring back to links with capital and funding.
Payment processor: Organizations need to be paid and receive funds. Aragon Core serves as a way for them to capture payments easily both from customers, investors, and other companies, removing the need for third-party processors with high fees and long transaction times.
Accounting: In order to manage expenses, burn rate and make business decisions, there is a need to maintain book-keeping. Aragon keeps record of all the transactions and activities on the network, compiles them and creates reports in a semi-automated fashion.
All of these above mentioned factors link together and complement each other to create a super-efficient ecosystem for companies to operate in. Furthermore, taking into consideration that Aragon has also created modular software for companies to introduce additional benefits through personal coding, the platform can provide full functionality and immense benefits for every future organization looking to benefit from blockchain technology in order to push operation efficiency further.
2.2.4 Removing of human conflict
Aragon also aims to resolve the problems companies face due to human conflict by introducing Aragon Network Jurisdiction (further referred to as ANJ), which aids to provide tools needed to solve subjectability of human relationships and personal vendettas. Here is an example subtracted from Aragon Whitepaper: An investor invests into an organization and receives some voting power. The organization founder then goes rogue and sends all investment money to his personal account. If this was an Aragon organization, the investor just had to make sure that transactions above a certain threshold have to be approved by a majority voting. It sets the incentives right for Aragon organizations to be a part of it, since:
Parties that want to interact with the given organization will want certain guarantees in case there's a breach of trust not covered by the contracts.Some bugs could be stopped by opening an arbitration that could freeze all activity until the case is resolved.
All in all, the ANJ is there to provide a decentralized intermediary between human conflicts and attempts to provide tools, through voting and automated smart contracts tracking, to resolve them. This removes a lot of threat of manipulation and self-interest within organizations that seek to exploit investor money, making it a lot safer for funding to go where it is supposed to go and providing investors a peace of mind.
2.3 Current limitations
In this section, some limitations are explained and briefly elaborated.
2.3.1 Minting
The cost to mint new tokens will be determined by ANT token holders. This will likely be a contentious decision and one where the basic economic principles of supply and demand need to be considered. For example, consider the scenario where the cost of minting tokens is too low. More and more tokens will be added to the supply, until supply greatly outweighs demand. This is a recipe for inflation and the value of individual ANT tokens will fall. Ultimately, Aragon believes that token holders will eventually decide on a healthy equilibrium for inflation. Based that belief, by weighing the opinion of every stakeholder, the market will accurately reflect the optimal minting cost. On one hand, this clearly reflects the decentralized model that cryptocurrencies should display (due to democracy elements and mutual agreements), but on the other this can lead to a lot of collective manipulation and conflict within the community. The same has been evident in the recent Bitcoin drama that put a lot of Bitcoin future in question, and also led to a lot of people pulling out their money due to uncertainty (leading to a lot of volatility). Therefore, Aragon places their trust into the hands of ANT token holders, which is the right thing to do, but can also backfire when majority of tokens are held by a certain group of people wanting to manipulate the currency. Overall, if ANT token want to display stability in growth (as opposed to volatility), then there needs to be majority consensus within the community. Do keep in mind though, that even though ANT is an inseparable element of the Aragon project, the platform CAN still operate efficiently for companies without any issues, as only people looking for trade-value (investors) will suffer and/or benefit from volatility.
2.3.2 Development needs
The properties of the Ethereum blockchain present unique opportunities for the creation and management of decentralized organizations, including immutability of records, transparency, and fast transactions. But in order to satisfy multiple requirements that human beings need in order to transact and create value, a layer on top of it needs to be created to align the incentives of everyone participating in the system. This can be a tricky from development point of view, which is why it is listed in the limitations sector. When Aragon is able to make it easily accessible for everyone to create/code additional layers for individual needs on top of the platform (the functionality is planned, but not yet executed) without issues, then this limitation is void.
Further limitations include (from whitepaper):
Subjective breaches: Smart contracts can encode most of the possible breaches of contract, but there is always subjectivity in human relationships. An unbiased Aragon Network arbitration system is needed for cases where conflict is not explicitly resolved in the smart contract code.
Software bugs: The error is always between the chair and the keyboard. Code can contain bugs so the software needs to be easily upgradeable, and a sound bug bounty mechanism must exist to incentivize potential attackers to claim a bounty, rather than attack.
Reward systems: Monetization around certain protocols and systems is unclear at this point. Some players will be key to making organization possible, so a simple reward mechanism is needed.
3 CONCLUSION
In conclusion, Aragon is one of the fundamentally strongest blockchain projects with extremely practical use-cases and immense up-side potential. In the capitalistic world ran by companies, one can argue that it is only a matter of time when companies seek to benefit from the Blockchain technology referred to as the Internet 2.0. Not all companies are technology orientated and have big budgets to spend on personal blockchain development, meaning that if blockchain gets more adoption, companies are forced to adapt to the changing environment. Aragon provides a lot of functionality and can potentially make operations a lot more efficient for organizations, and with already established transparency, development plans and use-cases, it simply cannot be ignored. Acting as a digital jurisdiction that makes it extremely easy and efficient for organizations, entrepreneurs and investors to operate, Aragon can become a lot more than just a cryptocurrency, but rather a stepping-stone in aiding the world transition to the blockchain world of tomorrow.
Thank you for reading! ETH Tip address for the generous: 0x089e86500be8e81130af1f7d3b5928d056db0eb5
submitted by StarlikeLOL to ethtrader [link] [comments]

Looked for the next big project and stumbled upon ARAGON... Compiled some research and thought I'd share it with you guys - let me know what you think! [LONG]

1 INTRODUCTION
This section briefly introduces the foundations of Aragon and how it is fundamentally ran and operated.
1.0 What is Aragon?
The Aragon Network (AN) will be the first DAO whose goal is to act as a digital jurisdiction that makes it extremely easy and efficient for organizations, entrepreneurs and investors to operate. It can be argued that firms, companies and projects mostly exist in order to create value by using resources to create products or provide services. The obstacle in that pursuit is intermediaries and third parties such as governments decreasing the output of those operations by imposing restrictions and creating complex regulatory frameworks. Therefore, it can be analysed that Aragon can step in to disintermediate the creation and maintenance of companies and other organizational structures by laws that define user permissions, a governance system, a capital system, and an accounting system. Aragon provides limitless operation for businesses. It’s primary demographic is private companies, but additional support is built for NGOs, project management, charities, and even government organizations. In the future, most company activities can be structured on their network, such as meetings, conferences, tasks, notary services, bookkeeping, banking, etc. Not only does it provide a platform for efficient company management, communication and partnerships, it also minimizes costs related to most tasks required to run those operations.
1.1 Management
The strong foundations of Aragon are displayed throughout their work. Firstly, the efforts to provide investors the most transparent and constructive information is a sign of a well-managed company. Analysing the whitepaper, meeting plans, articles and development plan one can see, that not only does it present in-depth information and thoroughly analysed scenarios, it also outlines the potential issues and limitations that can occur in the future. This factor cannot be underestimated in today’s cryptocurrency/blockchain subculture, as most coins and projects are based around the strengths that developers and project leaders hype, instead of providing well-rounded information for investors to base their decisions on. This type of transparency and care legitimizes the project by a huge margin and indicates a very strong foundational management of the project.
1.1.1 Founders, Advisors and Contributors
The strength of Aragon management is further established with the strong developer duo and advisors. At the age of 17, Luis Cuende and Jorge Izquierdo prototyped a fully decentralized Internet replacement by using mesh networks, blockchain technology and protocols like Bluetooth LE and WiFi Direct. Furthermore, Stampery - Luis’ latest company—made blockchain timestamping accessible, and has worked with institutions like the Estonian government, Microsoft and Telefonica. Before building Aragon, Luis and Jorge were working in Silicon Valley. After figuring out how broken the underlying infrastructure of innovation is, they decided to focus all of their time in building the infrastructure that new companies and organizations will run on top of.
Luis Cuende - Project Lead
Luis has been awarded as the best underage European programmer in 2011, is a Forbes 30 Under 30, a MIT TR35 and was an Advisor to the VP of the European Commission. He cofounded the blockchain start-up Stampery. Prior to founding start-ups, he created the world's first Linux distribution with facelogin.
Jorge Izquierdo - Tech Lead
Curious hacker, creator of multiple apps for iOS, macOS and Pebble. Reached App Store's #2. Always tinkering with new tech. Already convinced about the decentralized future of the Internet, he has been building toy projects such as a mesh network or a small blockchain implementation since 2014.
Aragon also has a list of competent advisors assisting in the development of Aragon Network and Aragon Core. The list includes, but is not limited to, people like Fred Ehrsam (Cofounder, Coinbase), Vitalik Buterin (Creator, Ethereum), Jan Isakovic (CEO, Cofound.it), Brayton Williams (Partner, Boost VC), Jean Amiouny (CEO, Shakepay), Jake Brukhman (Founder, CoinFund), Demian Brener (CEO, Zeppelin), and many more notable individuals. Furthered by the transparency, consistent progress and passion for the project, there is no question that the developers and advisors of the Aragon Network are capable and ambitious people willing to put everything on the line for Aragon to succeed.
1.2 Community
When it comes to the community surrounding Aragon, it is very pleasing to come across a mature and constructive bunch of people. The “lambo” and “moon” talk is held to a minimum and the overall tone of messages is informational, educating and constructive. In addition, Aragon is very involved in the community and makes sure to stay engaged by all means necessary in order to receive feedback and share progress (especially in the form of public community engaging developer meetings, etc.). Furthermore, community-requested enhancements and changes are constantly implemented (such as the ETC20 token, governance implementations, etc.). Overall, it can be stated that in addition to the already strong foundations of Aragon, the community is an extremely positive factor and incentivises both the community and developers to stay engaged and transparent, pushing the project forward in a mutually beneficial way (and not just for short-term investor gains).
1.3 ANT Tokens
The ANT token will be the native token for all of the network services that require a token, either for governance or other functionalities. For example in the case of the court, holders will be able to use their tokens to help arbitration and get a reward. Furthermore, when an organization needs investors or plans to do a fund-raiser, the invested tokens can also represent shares in the company on the Aragon Network. Once one invests and buys shares of an organization, they’ll be allocated appropriate voting rights and governance rules.
Another important thing to note regarding the token is that founders have a vesting period of 2 years, denying them the ability to just dump their coins whenever they please, making the ANT tokens healthier overall. Also, transparent distribution information is published and constantly updated – currently investors hold 70% of the tokens, 15% is held for contingency to overcome major hurdles, and 15% will remain in the hands of founders, advisors and early contributors. Aragon also has a set out plan for how the funds gathered during ICO are used, which in addition to providing additional transparency, also provides the investor a clear outline in what they are investing. Current fund allocation is the following - 5% legal, 12% marketing, 17% operations, and 66% development.
With the growth of Aragon, the ANT token will be an inseparable and most important part of the platform functions, allowing the token to have stable growth in the coming years in conjunction with Aragon’s success.
2 ANALYSIS
2.0 Transparency
Transparency is an instrumental factor for Aragon, as they put quite a lot of emphasis on running their business in a most „public“ way possible. With the overarching popularity of scams and sketchy ICOs, transparency and trust are the two elements lacking in the crypto atmosphere for the most part - but not with Aragon. Not only have they done multiple TV and other public media appearances, showing their faces and what they represent, you can also see the burning passion in their eyes every time they speak about what they are trying to achieve and solve. Further transparency is displayed by public Aragon developer meetings, which are either livestreamed or uploaded for everyone to see and participate in. This is the one and only project creating this sort of ultimate transparency and community involvement with their project, and is exactly what the crypto space needs more of. It can also be stated that this removes a lot of doubt and fear of Aragon being a hoax, as they have a lot on the line being as transparent about their identities and undertakings as they are.
2.1 Practicality and co-existance/partnership potential
Another fundamental strength is the compliance with Ethereum’s growth – every company that wants to move into the blockchain world through ethereum can be incentivized to run those particular activities (management wise) through the Aragon Network. The potential this holds is extremely big, as Ethereum has already been praised and popularized as the primary blockchain to run dApps and smart contracts on. Therefore, it makes sense for companies utilizing Ethereum blockchain to move organizational management of those operations over to Ethereum based Aragon Network, which can help make everything more efficient and effective. All in all, if someone is incentivized to use Ethereum, it is logical for them to also use the Aragon Network for efficiency. Furthermore, Aragon possesses strong links to established blockchain projects, as they can potentially run their operations through Aragon Network in the future to maximize efficiency. Furthermore, Aragon supports the creation of own ERC20 token on the network, so any company or project can create its’ cryptocurrencies through Aragon while making the most of the platform for operations as well.
Additionally, Aragon has a strong links with Iconomi, which is prone to launch on August 1st as the cryptocurrency index platform. As the awareness of cryptocurrency and blockchain increases, mainstream investing will slowly move a percentage of their funds into cryptocurrencies as well, and this is exactly the aim of Iconomi – to create an ease of access for crypto index investing for mainstream investors. If Iconomi becomes the mainstream investment vehicle for cryptocurrencies and people will buy the ICNX fund, then Aragon token can see immense growth over the years to come (as Aragon is one of the few cryptocurrencies part of the ICNX index).
Finally, co-efficient ecosystem can be created through the co-operation of blockchain projects, where each party benefits from one another. For instance, one such co-operation could be in the governance of organizations. If the applicant is not satisfied with the human judges’ resolution, they can request an upgrade to the next level, which is a prediction marketplace in which all the network judges can participate. For this, projects like Augur or Gnosis can bring immense co-operation use-cases. It is important to note that this is only one example, as various project links can be created in such a way that would benefit and grow the whole cryptocurrency/blockchain ecosystem/market.
2.2 Additional functionality
2.2.1 Start-ups and external funding
Further strength of Aragon lies in the external funding sector. With the increasing number of start-up projects and companies looking for external investments, importance lies in making funds easily accessible for future organizations. Furthermore, it can be argued that investing in start-ups is remarkably inaccessible to the public and mostly happens in a closed environment, making it harder for investors to invest and for companies to acquire funding when needed.
 Aragon Core organizations can issue shares directly to another party when the party sends the negotiated amount of currency.
 If an organization wants raise capital publicly, Aragon Core organizations can publish share offers in the marketplace.
Investors can then directly contact to negotiate or invest in a hard limit number of shares. This is especially true important for start-up organizations, as they need to be able to raise capital quickly. For a traditional start-up, this would mean riding the VC unicorn rollercoaster, crowd funding through a third party (e.g. Kickstarter), applying for a business loan, or bothering friends, relatives, and connections for investments. Aragon Core organizations can easily issue new shares in exchange for capital without operating with a third party, both through direct sales and public offerings. This means that investing will become much easier and accessible to both organizations and investors, helping aid the growth of companies in the marketplace and boost overall economy (as most hindered operations are due to lack of resources).
2.2.2 Modularity
Aragon developers have also taken in mind that different organizations might require additional functionalities for their organizational operations, meaning that there is further flexibility provided to meet most demands that might be presented. For this, modular software has been made accessible, allowing additional functions to be developed on top of Aragon Core in the instance where an organization might require features for very specific things relative to their industry/management/governance etc. While the Aragon Network has some basic constitution and governance methods, everyone will also be able to create another network inside the Aragon Network with a more specific set of laws. For example, you could create an organization, join the Aragon Network, and vote for a new set of laws specific to your organization. Effectively, organizations will be able to use the Aragon Network’s services basic constitution and services as a framework, and build a custom set of rules to govern relationships inside organizations.
That type of flexibility, both through framework and modular functionality, allows Aragon to become the stepping stone of future organizations that wish to build their infrastructure on blockchain, making Aragon a power-player in the years to come.
2.2.3 Organizational Set-up
In addition to providing modular software for every company to create their own terms of organizational operation, Aragon has also taken into consideration and developed benefits based on the multiple needs of companies today. To provide those benefits, Aragon has built a product that functionality for the following areas:
All of these above mentioned factors link together and complement each other to create a super-efficient ecosystem for companies to operate in. Furthermore, taking into consideration that Aragon has also created modular software for companies to introduce additional benefits through personal coding, the platform can provide full functionality and immense benefits for every future organization looking to benefit from blockchain technology in order to push operation efficiency further.
2.2.4 Removing of human conflict
Aragon also aims to resolve the problems companies face due to human conflict by introducing Aragon Network Jurisdiction (further referred to as ANJ), which aids to provide tools needed to solve subjectability of human relationships and personal vendettas. Here is an example subtracted from Aragon Whitepaper: An investor invests into an organization and receives some voting power. The organization founder then goes rogue and sends all investment money to his personal account. If this was an Aragon organization, the investor just had to make sure that transactions above a certain threshold have to be approved by a majority voting.
It sets the incentives right for Aragon organizations to be a part of it, since:
All in all, the ANJ is there to provide a decentralized intermediary between human conflicts and attempts to provide tools, through voting and automated smart contracts tracking, to resolve them. This removes a lot of threat of manipulation and self-interest within organizations that seek to exploit investor money, making it a lot safer for funding to go where it is supposed to go and providing investors a peace of mind.
2.3 Current limitations
2.3.1 Minting
The cost to mint new tokens will be determined by ANT token holders. This will likely be a contentious decision and one where the basic economic principles of supply and demand need to be considered. For example, consider the scenario where the cost of minting tokens is too low. More and more tokens will be added to the supply, until supply greatly outweighs demand. This is a recipe for inflation and the value of individual ANT tokens will fall. Ultimately, Aragon believes that token holders will eventually decide on a healthy equilibrium for inflation. Based that belief, by weighing the opinion of every stakeholder, the market will accurately reflect the optimal minting cost. On one hand, this clearly reflects the decentralized model that cryptocurrencies should display (due to democracy elements and mutual agreements), but on the other this can lead to a lot of collective manipulation and conflict within the community. The same has been evident in the recent Bitcoin drama that put a lot of Bitcoin future in question, and also led to a lot of people pulling out their money due to uncertainty (leading to a lot of volatility). Therefore, Aragon places their trust into the hands of ANT token holders, which is the right thing to do, but can also backfire when majority of tokens are held by a certain group of people wanting to manipulate the currency. Overall, if ANT token want to display stability in growth (as opposed to volatility), then there needs to be majority consensus within the community. Do keep in mind though, that even though ANT is an inseparable element of the Aragon project, the platform CAN still operate efficiently for companies without any issues, as only people looking for trade-value (investors) will suffer and/or benefit from volatility.
2.3.2 Development needs
The properties of the Ethereum blockchain present unique opportunities for the creation and management of decentralized organizations, including immutability of records, transparency, and fast transactions. But in order to satisfy multiple requirements that human beings need in order to transact and create value, a layer on top of it needs to be created to align the incentives of everyone participating in the system. This can be a tricky from development point of view, which is why it is listed in the limitations sector. When Aragon is able to make it easily accessible for everyone to create/code additional layers for individual needs on top of the platform (the functionality is planned, but not yet executed) without issues, then this limitation is void.
Further limitations include (from whitepaper):
3 CONCLUSION
In conclusion, Aragon is one of the fundamentally strongest blockchain projects with extremely practical use-cases and immense up-side potential. In the capitalistic world ran by companies, one can argue that it is only a matter of time when companies seek to benefit from the Blockchain technology referred to as the Internet 2.0. Not all companies are technology orientated and have big budgets to spend on personal blockchain development, meaning that if blockchain gets more adoption, companies are forced to adapt to the changing environment. Aragon provides a lot of functionality and can potentially make operations a lot more efficient for organizations, and with already established transparency, development plans and use-cases, it simply cannot be ignored. Acting as a digital jurisdiction that makes it extremely easy and efficient for organizations, entrepreneurs and investors to operate, Aragon can become a lot more than just a cryptocurrency, but rather a stepping-stone in aiding the world transition to the blockchain world of tomorrow.
submitted by StarlikeLOL to CryptoCurrency [link] [comments]

Looked for the next big project and stumbled upon ARAGON... Compiled some research and thought I'd share it with you guys - let me know what you think! [LONG]

1 INTRODUCTION
This section briefly introduces the foundations of Aragon and how it is fundamentally ran and operated.
1.0 What is Aragon?
The Aragon Network (AN) will be the first DAO whose goal is to act as a digital jurisdiction that makes it extremely easy and efficient for organizations, entrepreneurs and investors to operate. It can be argued that firms, companies and projects mostly exist in order to create value by using resources to create products or provide services. The obstacle in that pursuit is intermediaries and third parties such as governments decreasing the output of those operations by imposing restrictions and creating complex regulatory frameworks. Therefore, it can be analysed that Aragon can step in to disintermediate the creation and maintenance of companies and other organizational structures by laws that define user permissions, a governance system, a capital system, and an accounting system. Aragon provides limitless operation for businesses. It’s primary demographic is private companies, but additional support is built for NGOs, project management, charities, and even government organizations. In the future, most company activities can be structured on their network, such as meetings, conferences, tasks, notary services, bookkeeping, banking, etc. Not only does it provide a platform for efficient company management, communication and partnerships, it also minimizes costs related to most tasks required to run those operations.
1.1 Management
The strong foundations of Aragon are displayed throughout their work. Firstly, the efforts to provide investors the most transparent and constructive information is a sign of a well-managed company. Analysing the whitepaper, meeting plans, articles and development plan one can see, that not only does it present in-depth information and thoroughly analysed scenarios, it also outlines the potential issues and limitations that can occur in the future. This factor cannot be underestimated in today’s cryptocurrency/blockchain subculture, as most coins and projects are based around the strengths that developers and project leaders hype, instead of providing well-rounded information for investors to base their decisions on. This type of transparency and care legitimizes the project by a huge margin and indicates a very strong foundational management of the project.
1.1.1 Founders, Advisors and Contributors
The strength of Aragon management is further established with the strong developer duo and advisors. At the age of 17, Luis Cuende and Jorge Izquierdo prototyped a fully decentralized Internet replacement by using mesh networks, blockchain technology and protocols like Bluetooth LE and WiFi Direct. Furthermore, Stampery - Luis’ latest company—made blockchain timestamping accessible, and has worked with institutions like the Estonian government, Microsoft and Telefonica. Before building Aragon, Luis and Jorge were working in Silicon Valley. After figuring out how broken the underlying infrastructure of innovation is, they decided to focus all of their time in building the infrastructure that new companies and organizations will run on top of.
Luis Cuende - Project Lead
Luis has been awarded as the best underage European programmer in 2011, is a Forbes 30 Under 30, a MIT TR35 and was an Advisor to the VP of the European Commission. He cofounded the blockchain start-up Stampery. Prior to founding start-ups, he created the world's first Linux distribution with facelogin.
Jorge Izquierdo - Tech Lead
Curious hacker, creator of multiple apps for iOS, macOS and Pebble. Reached App Store's #2. Always tinkering with new tech. Already convinced about the decentralized future of the Internet, he has been building toy projects such as a mesh network or a small blockchain implementation since 2014.
Aragon also has a list of competent advisors assisting in the development of Aragon Network and Aragon Core. The list includes, but is not limited to, people like Fred Ehrsam (Cofounder, Coinbase), Vitalik Buterin (Creator, Ethereum), Jan Isakovic (CEO, Cofound.it), Brayton Williams (Partner, Boost VC), Jean Amiouny (CEO, Shakepay), Jake Brukhman (Founder, CoinFund), Demian Brener (CEO, Zeppelin), and many more notable individuals. Furthered by the transparency, consistent progress and passion for the project, there is no question that the developers and advisors of the Aragon Network are capable and ambitious people willing to put everything on the line for Aragon to succeed.
1.2 Community
When it comes to the community surrounding Aragon, it is very pleasing to come across a mature and constructive bunch of people. The “lambo” and “moon” talk is held to a minimum and the overall tone of messages is informational, educating and constructive. In addition, Aragon is very involved in the community and makes sure to stay engaged by all means necessary in order to receive feedback and share progress (especially in the form of public community engaging developer meetings, etc.). Furthermore, community-requested enhancements and changes are constantly implemented (such as the ETC20 token, governance implementations, etc.). Overall, it can be stated that in addition to the already strong foundations of Aragon, the community is an extremely positive factor and incentivises both the community and developers to stay engaged and transparent, pushing the project forward in a mutually beneficial way (and not just for short-term investor gains).
1.3 ANT Tokens
The ANT token will be the native token for all of the network services that require a token, either for governance or other functionalities. For example in the case of the court, holders will be able to use their tokens to help arbitration and get a reward. Furthermore, when an organization needs investors or plans to do a fund-raiser, the invested tokens can also represent shares in the company on the Aragon Network. Once one invests and buys shares of an organization, they’ll be allocated appropriate voting rights and governance rules.
Another important thing to note regarding the token is that founders have a vesting period of 2 years, denying them the ability to just dump their coins whenever they please, making the ANT tokens healthier overall. Also, transparent distribution information is published and constantly updated – currently investors hold 70% of the tokens, 15% is held for contingency to overcome major hurdles, and 15% will remain in the hands of founders, advisors and early contributors. Aragon also has a set out plan for how the funds gathered during ICO are used, which in addition to providing additional transparency, also provides the investor a clear outline in what they are investing. Current fund allocation is the following - 5% legal, 12% marketing, 17% operations, and 66% development.
With the growth of Aragon, the ANT token will be an inseparable and most important part of the platform functions, allowing the token to have stable growth in the coming years in conjunction with Aragon’s success.
2 ANALYSIS
This section aims to analyse the key benefits presented by Aragon.
2.0 Transparency
Transparency is an instrumental factor for Aragon, as they put quite a lot of emphasis on running their business in a most „public“ way possible. With the overarching popularity of scams and sketchy ICOs, transparency and trust are the two elements lacking in the crypto atmosphere for the most part - but not with Aragon. Not only have they done multiple TV and other public media appearances, showing their faces and what they represent, you can also see the burning passion in their eyes every time they speak about what they are trying to achieve and solve. Further transparency is displayed by public Aragon developer meetings, which are either livestreamed or uploaded for everyone to see and participate in. This is the one and only project creating this sort of ultimate transparency and community involvement with their project, and is exactly what the crypto space needs more of. It can also be stated that this removes a lot of doubt and fear of Aragon being a hoax, as they have a lot on the line being as transparent about their identities and undertakings as they are.
2.1 Practicality and co-existance/partnership potential
Another fundamental strength is the compliance with Ethereum’s growth – every company that wants to move into the blockchain world through ethereum can be incentivized to run those particular activities (management wise) through the Aragon Network. The potential this holds is extremely big, as Ethereum has already been praised and popularized as the primary blockchain to run dApps and smart contracts on. Therefore, it makes sense for companies utilizing Ethereum blockchain to move organizational management of those operations over to Ethereum based Aragon Network, which can help make everything more efficient and effective. All in all, if someone is incentivized to use Ethereum, it is logical for them to also use the Aragon Network for efficiency. Furthermore, Aragon possesses strong links to established blockchain projects, as they can potentially run their operations through Aragon Network in the future to maximize efficiency. Furthermore, Aragon supports the creation of own ERC20 token on the network, so any company or project can create its’ cryptocurrencies through Aragon while making the most of the platform for operations as well.
Additionally, Aragon has a strong links with Iconomi, which is prone to launch on August 1st as the cryptocurrency index platform. As the awareness of cryptocurrency and blockchain increases, mainstream investing will slowly move a percentage of their funds into cryptocurrencies as well, and this is exactly the aim of Iconomi – to create an ease of access for crypto index investing for mainstream investors. If Iconomi becomes the mainstream investment vehicle for cryptocurrencies and people will buy the ICNX fund, then Aragon token can see immense growth over the years to come (as Aragon is one of the few cryptocurrencies part of the ICNX index).
Finally, co-efficient ecosystem can be created through the co-operation of blockchain projects, where each party benefits from one another. For instance, one such co-operation could be in the governance of organizations. If the applicant is not satisfied with the human judges’ resolution, they can request an upgrade to the next level, which is a prediction marketplace in which all the network judges can participate. For this, projects like Augur or Gnosis can bring immense co-operation use-cases. It is important to note that this is only one example, as various project links can be created in such a way that would benefit and grow the whole cryptocurrency/blockchain ecosystem/market.
2.2 Additional functionality
2.2.1 Start-ups and external funding
Further strength of Aragon lies in the external funding sector. With the increasing number of start-up projects and companies looking for external investments, importance lies in making funds easily accessible for future organizations. Furthermore, it can be argued that investing in start-ups is remarkably inaccessible to the public and mostly happens in a closed environment, making it harder for investors to invest and for companies to acquire funding when needed.
 Aragon Core organizations can issue shares directly to another party when the party sends the negotiated amount of currency.
 If an organization wants raise capital publicly, Aragon Core organizations can publish share offers in the marketplace.
Investors can then directly contact to negotiate or invest in a hard limit number of shares. This is especially true important for start-up organizations, as they need to be able to raise capital quickly. For a traditional start-up, this would mean riding the VC unicorn rollercoaster, crowd funding through a third party (e.g. Kickstarter), applying for a business loan, or bothering friends, relatives, and connections for investments. Aragon Core organizations can easily issue new shares in exchange for capital without operating with a third party, both through direct sales and public offerings. This means that investing will become much easier and accessible to both organizations and investors, helping aid the growth of companies in the marketplace and boost overall economy (as most hindered operations are due to lack of resources).
2.2.2 Modularity
Aragon developers have also taken in mind that different organizations might require additional functionalities for their organizational operations, meaning that there is further flexibility provided to meet most demands that might be presented. For this, modular software has been made accessible, allowing additional functions to be developed on top of Aragon Core in the instance where an organization might require features for very specific things relative to their industry/management/governance etc. While the Aragon Network has some basic constitution and governance methods, everyone will also be able to create another network inside the Aragon Network with a more specific set of laws. For example, you could create an organization, join the Aragon Network, and vote for a new set of laws specific to your organization. Effectively, organizations will be able to use the Aragon Network’s services basic constitution and services as a framework, and build a custom set of rules to govern relationships inside organizations.
That type of flexibility, both through framework and modular functionality, allows Aragon to become the stepping stone of future organizations that wish to build their infrastructure on blockchain, making Aragon a power-player in the years to come.
2.2.3 Organizational Set-up
In addition to providing modular software for every company to create their own terms of organizational operation, Aragon has also taken into consideration and developed benefits based on the multiple needs of companies today. To provide those benefits, Aragon has built a product that functionality for the following areas:
All of these above mentioned factors link together and complement each other to create a super-efficient ecosystem for companies to operate in. Furthermore, taking into consideration that Aragon has also created modular software for companies to introduce additional benefits through personal coding, the platform can provide full functionality and immense benefits for every future organization looking to benefit from blockchain technology in order to push operation efficiency further.
2.2.4 Removing of human conflict
Aragon also aims to resolve the problems companies face due to human conflict by introducing Aragon Network Jurisdiction (further referred to as ANJ), which aids to provide tools needed to solve subjectability of human relationships and personal vendettas. Here is an example subtracted from Aragon Whitepaper: An investor invests into an organization and receives some voting power. The organization founder then goes rogue and sends all investment money to his personal account. If this was an Aragon organization, the investor just had to make sure that transactions above a certain threshold have to be approved by a majority voting.
It sets the incentives right for Aragon organizations to be a part of it, since:
All in all, the ANJ is there to provide a decentralized intermediary between human conflicts and attempts to provide tools, through voting and automated smart contracts tracking, to resolve them. This removes a lot of threat of manipulation and self-interest within organizations that seek to exploit investor money, making it a lot safer for funding to go where it is supposed to go and providing investors a peace of mind.
2.3 Current limitations
In this section, some limitations are explained and briefly elaborated.
2.3.1 Minting
The cost to mint new tokens will be determined by ANT token holders. This will likely be a contentious decision and one where the basic economic principles of supply and demand need to be considered. For example, consider the scenario where the cost of minting tokens is too low. More and more tokens will be added to the supply, until supply greatly outweighs demand. This is a recipe for inflation and the value of individual ANT tokens will fall. Ultimately, Aragon believes that token holders will eventually decide on a healthy equilibrium for inflation. Based that belief, by weighing the opinion of every stakeholder, the market will accurately reflect the optimal minting cost. On one hand, this clearly reflects the decentralized model that cryptocurrencies should display (due to democracy elements and mutual agreements), but on the other this can lead to a lot of collective manipulation and conflict within the community. The same has been evident in the recent Bitcoin drama that put a lot of Bitcoin future in question, and also led to a lot of people pulling out their money due to uncertainty (leading to a lot of volatility). Therefore, Aragon places their trust into the hands of ANT token holders, which is the right thing to do, but can also backfire when majority of tokens are held by a certain group of people wanting to manipulate the currency. Overall, if ANT token want to display stability in growth (as opposed to volatility), then there needs to be majority consensus within the community. Do keep in mind though, that even though ANT is an inseparable element of the Aragon project, the platform CAN still operate efficiently for companies without any issues, as only people looking for trade-value (investors) will suffer and/or benefit from volatility.
2.3.2 Development needs
The properties of the Ethereum blockchain present unique opportunities for the creation and management of decentralized organizations, including immutability of records, transparency, and fast transactions. But in order to satisfy multiple requirements that human beings need in order to transact and create value, a layer on top of it needs to be created to align the incentives of everyone participating in the system. This can be a tricky from development point of view, which is why it is listed in the limitations sector. When Aragon is able to make it easily accessible for everyone to create/code additional layers for individual needs on top of the platform (the functionality is planned, but not yet executed) without issues, then this limitation is void.
Further limitations include (from whitepaper):
3 CONCLUSION
In conclusion, Aragon is one of the fundamentally strongest blockchain projects with extremely practical use-cases and immense up-side potential. In the capitalistic world ran by companies, one can argue that it is only a matter of time when companies seek to benefit from the Blockchain technology referred to as the Internet 2.0. Not all companies are technology orientated and have big budgets to spend on personal blockchain development, meaning that if blockchain gets more adoption, companies are forced to adapt to the changing environment. Aragon provides a lot of functionality and can potentially make operations a lot more efficient for organizations, and with already established transparency, development plans and use-cases, it simply cannot be ignored. Acting as a digital jurisdiction that makes it extremely easy and efficient for organizations, entrepreneurs and investors to operate, Aragon can become a lot more than just a cryptocurrency, but rather a stepping-stone in aiding the world transition to the blockchain world of tomorrow.
submitted by StarlikeLOL to aragonproject [link] [comments]

CloudPebble: An online IDE for Pebble

I've been working on an online IDE for Pebble development (as time has permitted), and I'm finally ready to "launch" something!
CloudPebble is an online application that aims to provide you with everything you need to do pebble development. You edit source files, upload resources, and compile on the site. It's still far from finished, but give it a try! It might especially be worthwhile if you're using some platform where compilation is hard, or you don't like command lines. It also handles resource_map.json for you!
Here are some screenshots:
It's very much still a work in progress, but I think it's interesting and usable already! Give it a whirl and let me know what you think. :)
Planned future features include in-line documentation/autocomplete, significantly improved resource viewing UI, import/export, GitHub support, …; I just need the time!
Note: use a recent-ish web browser to access it. Tested on Safari 6 and Chrome whatever-they're-on-now. You can use anything you like to download the compiled watchfaces, though.
EDIT: You can also now either follow @CloudPebble on Twitter or look at blog.cloudpebble.net for continued updates!
(And, if you happen to have spare bitcoins rattling around, donations are appreciated! They can be sent to 134chMKdmjce813vDAxdPW9Nhybkp7aLDJ.)
submitted by katieberry to pebble [link] [comments]

DFINITY (DFN)

ICO Verdict

Difinity is a global 'blockchain computer', infinitely scalable with unlimited capacity. Dfinity is a true blockchain 3.0 project with crypto:3 and cloud:3 implementations, revolutionizing and disrupting traditional cloud hosting solutions. Dfinity is Ethereum compatible, DAPPs from Ethereum can easily be ported to the network with significant performance gains and scalability. Dfinity project has been in development for over 3 years, with top researchers and scientists from the blockchain and cryptography fields. If cryptocurrency bubble ever pops, of the few survivors left, Dfinity will definitely be one of them.
Reason to invest:
Hype Rate: Medium
Risk Rate: Very Low
ROI Rate: High
Potential Growth: Very High
Overall Rating: Very High

ICO Information

Public Fundraise (presale round)

Date: Soon (Team announced whitelisting within a few weeks, a few weeks ago)
Ticker: DFN
Token type: Native DFN
ICO Token Price: TBA
Fundraising Goal: TBA
Total Tokens: TBA
Available for Token Sale: TBA
Whitelist: TBA
Know Your Customer (KYC): YES. (Including AML)
Bonus for the First: NO
Min/Max Personal Cap: TBA
Token Issue: TBA
Accepts: TBA

Funding History

**A clearer break down was explained by a Dfinity team member in this thread
Q: The 7th Feb announcement says $100m raised in private funding, but email update says $61m - can anyone enlighten?
Sure, so the project funding is as follows: $4MM raised in the Seed Round in February 2017. After expenses and appreciation, this is roughly $40MM, held by DFINITY Stiftung. In the Strategic Round, which began in July of 2017, $21MM was raised. This is also held by the Stiftung, bringing total funding to ~$61MM As part of the Strategic Round, Polychain Capital spun up an ecosystem fund to help projects migrate to DFINITY and build new businesses on the platform. This is entirely under their management and totals $40MM.
All together this brings funding to ~$101MM. It's been reported in a number of confusing ways, but that is the actual break down.
The Seed Round was in the model of an ICO but it occurred before the actual ICO boom. Just under 25% of the network was distributed.
Fall 2016
A not-for-profit Swiss foundation is created
Feb 2017
Distributed "Seed" fundarise using Ethereum technology (~250 people, 25% token distributed)
2017-2018
Strategic fundraising round led by Andreessen Horowitz and Polychain ($61m total, $21m go toward development, $40m to Dfinity Ecosystem Venture Fund)
Feb 2018
With the Dfinity Ecosystem Venture Fund, the project has raised $101m in funding
2018
Presale round, involves contributors who can pass stringent KYC and AML, with some possible geographical restrictions
2018
The second round, may or may not happen and will be termed the "ICO"
*The team's honest approach in fundraising is quite a rare breed in today's ICO standards, their philosophy behind fundraising The DFINITY Main Round: Preconditions & Our “Don’t be Evil” Rules which gained applauses from the likes of Vitalik Buterin.

Full Review

At a Glance

Difinity is a single 'internet computer', infinitely scalable with unlimited capacity. Dfinity is crypto:3, enabling a global blockchain computer utilizing Threshold Relay chain, generating incorruptible, unmanipulable and unpredictable randomness. Threshold Relay chain addresses key attacks and vulnerabilities such as 'selfish mining' and 'nothing at stake' found in traditional PoW and PoS consensus. Dfinity is cloud:3, allowing business applications running on this computer performant with unlimited capacity, reducing human capital required in traditional IT systems, effectively cutting cost down by 90%. Dfinity introduces a new governance model, a novel decentralized decision-making system called "Blockchain Nervous System (BNS). This new design paradigm embraces "The AI is Law" (as opposed to "The Code is Law"), combing crowd wisdom and traditional AI technologies to prevent malicious smart contracts and hacks.
Dfinity was built as a complementary network to Ethereum, compatible for all DAPPs deployed on the Ethereum network, making migration easy with 50x performance improvement and unlimited capacity. Difinity is in fact often described as "Ethereum's crazy sister".

Project Timeline Overview

Jan 2014 - Pebble Project
CC for micropayments with custom BFT consensus algorithm
Jan 2015 - Dfinity Project
Infinite blockchain computer with the new idea: apply randomness (Threshold Relay Chain)
July 2016 - Dfinity Stiftung
Zug based foundation, an incubation by String Labs for organizational build-outs
Feb 2017 - Seed Fundrasing
$10 new funds for R&D
Aug 2017 - Main fundrasing (delayed until announcement)
Estimated 20M CHF cap

Crypto:3

Dfinity was formed to research ways of enabling public decentralized networks to host a virtual computer of unlimited capacity, secure, speedy, and scalable. The core approach involves adding a top-level Threshold Relay Chain that produces randomness and progresses with minimal reorganizations of the blockchain. Threshold Relay Chain creates incorruptible, unmanipulable, unpredictable randomness for a deterministic chain of randomness, unforkable and robust. At current state, Dfinity reaches block finality in about 5 seconds with 2 confirmations and low variance. Putting numbers into perspective, Bitcoin requires 6 confirmations, 60 minute finality and very high variance. Ethereum under current PoW design and network congestion, takes about 37 minutes at a finality time of 10 minutes with high variance.
Threshold Relay Chain's performance properties provide 'scale-up' gains, Dfinity further applies a three-level 'scale-out' architecture that addresses in order consensus, validation and storage, to handle unlimited computation.
Threshold Relay chain that creates a random heartbeat that drives a Validation Tree of Validation Towers in the validation layer, which does for validation what a Merkle tree does for data and provides almost infinitely scalable global validation. The random beacon also defines the organization of mining clients into storage (state) shards in the storage layer, which use their own Threshold Relay chains to quickly reach consensus on received transactions and resulting state transitions that are passed up to the validation layer. The top-level Threshold Relay consensus blockchain then records state roots provided by the Validation Tree that anchor all the storage in the network.
Dfinity is an intelligent decentralized cloud governed by the Blockchain Nervous System (BNS). The BNS has privileged access to the virtual machine to run special opcodes like freezing contracts, redistribute tokens or even run arbitrary code to reorganize the blockchain. This 'super user' can return funds and reverse the damage of hacks or programmatic errors, protecting users in case of vulnerabilities. The BNS also seamlessly upgrades the protocol on a regular basis, as opposed to disruptive 'hard forks', driving network evolution forward as quickly as possible.
Full reading on Threshold Relay Chain
The Dfinity Consensus White Paper
Full reading on Blockchain Nervous System
*Dfinity also plans to include privacy-preserving technology as seen in this tweet by Dominic

Cloud:3

Dfinity is an intelligent decentralized cloud governed by Blockchain Nervous System, recreating monopolistic traditional cloud hosting solutions such as Microsoft Azure or Amazon Web Services. The costs of owning enterprise IT systems are dominated by human capital, with redundant tasks such as configuring database, file distribution, backup/restore, load balancing, firewall configurations etc. While computing costs may be dramatically higher with Dfinity, actual cost of operation is estimated to be cut down by 90%.
Reimagine and reinvent enterprise IT, blockchains inhereit these properties making it possible
Autonomous : System without intermediaries
Verifiable : Know what code you execute
Tamperproof : No servers to meddle with
Simple : Distribution abstracted
Unstoppable : Open code and governance
Interoperability : No server boundaries
Dfinity is interoperable in that it takes a hybrid approach to private and public blockchains, users don't have hard choices to make. It is a similar design paradigm to the internet, where people have the http protocol as common meeting point while maintaining sensitive information within their local area network.
This design paradigm is emergent for the mass adoption for blockchains, there will be common services like identity validation readily availalble as a public service. There will also be more complex systems where users can simply adopt instead of rebuilding. You can have a private dfinity consortium or private instances with the ability to call into those public blockchain services, connecting these private chain instances using common blocks.
Let's further explore this with a real life example, say there's a trade financing supply system of a large manufacturer with thousands of vendors. Before their enrollment, you'll probably need to do some identity and reputation check in the public chain in order to validate their legitimacy. Next step these vendors need trade financing where they'll need more complex systems like stable coins or bank coins to avoid volatility, and move the money around. Instead of rebuilding a coin, they could just adopt a coin system within the dfinity network. In the next round there can be disbutes with goods lost or quality problems, vendors can call for public arbitration system where there'll be a network of lawyers who specialize in cross-border disbutes or arbiters to provide the service. So a chain of services that can be called throughout the life cycle, interoperable between the private and the public blockchains.

Staking Mechanism

Dfinity is a PoS (Proof of Stake) model, managed by its BNS (Blockchain Nervous System). This system is reliant on a human-controlled "neurons" (similar to masternodes in terms of staking and voting functions). In order to secure the role, users will run special client software with a delegate key, deposit fixed amount of dfinities to ensure consistency and reliability of the network, then in turn will receive economic incentives for its voting services.
People can pay a fee in dfinities to submit a proposal to the BNS, be it technical proposals like protocol upgrades or governance proposals eg. how much should be deposited to create a mining identity given the current value of DFN, this is much like liquid democracy.
Currently it takes 3 months to dissolve a neuron, client software can create a follow list (synchronous and non-deterministic to the rest of the network), which are the addresses of the neurons you follow on different topics. This captures the expertise of the community but at the same time being an opague liquid democracy, nobody knows what the follow lists are, you can't see how the brain makes its decisions.

Utility Value of Dfinities

Dfinity vs Ethereum

At a top level, Dfinity tries to stay compatible to the Ethereum network, meaning DAPPs currently running on Ethereum can be migrated to Dfinity easily, with significant gains in performance, scalability, security etc. Essentially where the name "Ethereum's crazy sister" came from.
There are some fundamental differences in design philosophy and approach to consensus agreements. Ethereum embraces the design paradigm "The code is law" where rules of the network is a result of community management. Dfinity embraces "The AI is law" where management is by the Blockchain Nervous System. Ethereum's Casper (POS) will be focused on extreme availability while Dfinity aims to achieve performance and infinite scale. In Dfinity's design, consistency and reliability outweighs availability.
A great debate on several fundamental design differences between Ethereum Casper and Dfinity's Threshold Relay Chain+Blockchain Nervous System (also part of the debate is Cosmos/Tendermint's Jae Kwon) can be watched here Proof of Stake Panel Discussion - Silicon Valley Ethereum Meetup

Team

Dominic Williams is Chief Scientist of the DFINITY project, headquartered in Zug, Switzerland, and is President and CTO of String Labs, a Palo Alto-based studio, incubator, and investor focused on advanced open protocol projects. His recent technical works include DFINITY technologies such as the Threshold Relay/Probabilistic Slot Protocol blockchain consensus mechanisms, the Blockchain Nervous System (algorithmic governance for decentralized networks), and the PHI “crypto fiat” autonomous loan issuance system.
Notable team members include Professor Timo Hanke, creator of AsicBoost. Ben Lynn, the 'L' from 'BLS' cryptography applied by Threshold Relay Chain. The team is stacked with postdoctoral researchers and scientists, they also run a scholarship program for PhD students researching secure distributed systems.

Useful Reading

Links

Video

Community

Press & Review

Due Diligence

DFINITY (DFN)

Company

Dfinity Stiftung, Zug Switzerland

Team

Dominic Williams (Chief Scientist) | LinkedIn Profile
Timo Hanke (Head of Engineering) | LinkedIn Profile
Ben Lynn (Senior Staff Scientist & Engineer) | LinkedIn Profile
Mahnush Movahedi (Senior Researcher and Engineer) | LinkedIn Profile
Paul Liu (Staff Engineer) | LinkedIn Profile
Enzo Hausseker (Senior Engineer) | LinkedIn Profile
Derek Chiang (Senior Engineer) | LinkedIn Profile
Norton Wang (Software Engineer) | LinkedIn Profile
Steve Omohundro (Senior Contributor - AI/Governance Research) | LinkedIn Profile
Robert Lauko (Contributor - Research/Community) | LinkedIn Profile

Github

GitHub

Product

Not yet, but testnet demo is available

Vesting

TBA

Additional Info

Token Allocation

TBA

Use of Proceeds

TBA
submitted by msg2infiniti to icoverdict [link] [comments]

Dan Primack (Fortune Editor and leading VC/PE blogger) gets Bitcoin and promotes it in his latest post for the Term Sheet.

This is huge. Absolutely fcking huge. Primack and his Term Sheet are followed by just about everyone that matters in the VC/PE world -- where all of the Bitcoin money will come from to build out the startups and infrastructure. I already linked to the piece on Fortune.com, but it is paywalled.
Here is the full piece:
Bitcoin is controversial. Some people believe that it's the future of money, destined to relegate dollars, euros, and yen to the dustbin of history (along with German marks and shiny pebbles). Others argue that it's nerd delusion, carelessly elevating new software over time-tested economics. Sliced bread vs. New Coke.
Unfortunately, this debate is focused on the wrong thing. Bitcoin's primary significance is not about whether it supplants cash. It's about a revolutionary computer-science breakthrough that has the potential to upend all sorts of established industries.
Here's an analogy: Email was the Internet's original application, but 40 years later we all recognize that the Internet has countless more uses than just the electronic exchange of text. Likewise, currency is Bitcoin's original application, but Bitcoin will not ultimately be defined by currency.
The key to Bitcoin is that it enables verified transactions without requiring a centralized third party to do the verifications. Kind of like the difference between handing a merchant a $10 bill and handing him a Visa card. It does so via what computer scientists call a distributed ledger, in which users are entering (or exiting) a fixed number of ledger slots (i.e., the "coins").
This system could obviously present a major challenge to the existing payment industry, which includes all sorts of intermediaries like banks, credit card companies, and wire-transfer services. Not only does Bitcoin dramatically lower the fees for making and receiving payments, but it also eliminates both consumer fraud (from the merchant's side) and the possibility of information theft (from the consumer's side, as we recently saw at Target). For context, the Boston Consulting Group reports that the global payment and transaction-banking business generated $524 billion in revenue last year -- a figure that it expects will rise to $1.1 trillion over the next decade. Just imagine all the new businesses that could eat into that.
What's really fascinating, however, is that the distributed-ledger concept has all sorts of theoretical applications that don't specifically concern payments. Take identity, for example. What if you no longer needed a phone company to create phone numbers? Or search, with web queries no longer going through Google's servers? It sounds crazy, but few predicted that the technology behind email would eventually destroy record stores.
"There are so many things that currently exist only in the confines of centralized, larger institutions that could become targets of this," says Anders Brownsworth, a Boston-area Bitcoin technologist.
Not surprisingly, a number of well-known venture capitalists are paying close attention to Bitcoin and Bitcoin-related startups (most of which, so far, focus on payments). Andreessen Horowitz, for example, has already invested nearly $50 million in the sector. Early Facebook investor Accel Partners recently helped lead a $9 million investment into a Bitcoin startup from serial entrepreneur Jeremy Allaire, while original Twitter backer Union Square Ventures is deep into a well-funded Bitcoin "wallet" company called Coinbase.
All these investors obviously hope to make money on their early Bitcoin deals. But it reminds me a bit of what Howard Anderson, founder of both the Yankee Group and Battery Ventures, said in 2006 about American venture capitalists investing in Chinese startups: "Most of the VCs I see going to China will get clobbered ... They say, 'Yes, we know all that. It's the cost of joining the club.' " In other words, take an educational beating today so that you can succeed in the future.
VCs are playing a similar long game on Bitcoin because they recognize its ability to exponentially increase Internet functionality, both in payments and beyond. And in the end, they won't care what currency they are paid in.
submitted by twobitidiot to Bitcoin [link] [comments]

I published a Primedice app on the Pebble app store

Hi everyone!
I just published my Primedice app for the Pebble smartwatch. It lets you log in to Primedice and place bets from your wrist. I understand that everyone's number one concern is protecting their Bitcoins so I've made the app open-source. You can view all the code on my Github repo here. I urge you to take a look at the code to make sure I'm not doing anything fishy.
Check out the app for yourself!
submitted by tr0picana to Primedice [link] [comments]

Write a Winning Nomination Der Neue Wiesentbote - YouTube Snow Globe Real-Estate - GEICO Insurance - YouTube MeatCanyon - YouTube World's Most Famous Hacker Kevin Mitnick & KnowBe4's Stu ...

As presented in a previous post, Pebble Watches allow developers to create JavaScript applications.The Streamdata.io team has released a sample application which provides the real-time bitcoin price index using the push strategy of Streamdata.io Pebble manages your incoming calls, emails, messages, notifications, and more. Organize the past, present, and future with a new timeline interface. show more . Free; Android; iPhone; Pebble... Support for Smartwatch... 2. Pushsafer. Pushsafer makes it easy and safe to send & receive push-notifications in real time on your iOS (iPhone, iPad) device, Android or Windows Phone and Desktop!. show ... r/pebble: Pebble is an e-paper smartwatch that launched in 2013 and was followed up in 2015. Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts . r/pebble. log in sign up. User account menu. 6. Would it be possible to pull the Bitcoin application out of Smartwatch+? Close. 6. Posted by. u/Gappleto97. 5 years ago. Archived. Would it be possible to pull ... Bitcoin, Blockchain & Cryptocurrency News. Advertisement; BTCm News; Contact us; Bitcoin Aug 24 (Reuters) - A request by the U.S. Army Corps of Engineers that the owner of the controversial Pebble Mine in Alaska do more to mitigate environmental impacts of the proposed copper-gold mine does not constitute a "delay or pause" in the permitting process, the project's owner said on Monday.

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She wanted to move someplace warm, but he wanted snow for the holidays. So, they compromised and built a snow globe. Subscribe to GEICO: http://on.gei.co/2kv... Impressum / Anbieterkennzeichnung Betreiber des Kanals ist Der Neue Wiesentbote c/o faktor i medienservice www.faktori.de Verantwortlich für diesen Kanal: Al... inexperience dump truck driver. youtube.com Tech can be complicated; we try to make it easy. Linus Tech Tips is a passionate team of "professionally curious" experts in consumer technology and video pr...

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